Course Outline: COURSE DESCRIPTION: This course analyzes basic factors to be considered in the organization, finance and operation of business ventures, combining concepts of partnership, limited liability company and corporate law, finance, securities law and taxation. The course will focus on four primary areas: formation and capitalization of the enterprise; distribution of earnings and assets; business combinations; and dissolution. Significant emphasis will be placed on federal and state tax issues affecting business planning decisions. Fundamental principles of entity-level and pass-through taxation will be discussed.

Course Syllabus:

Course Notes: Professor: Richard Sherry & Edward Osterberg

Prerequisites: Yes LAW 5359, LAW 5459 (Federal Income Tax); and either LAW 5421 (Business Organizations) or LAW 5350 (Corporations).